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Friday, 20 November 2009   |   Last Updated: 24 August 2009

 

Zambia

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U.S. Zambia-Trade Facts

Zambia is currently the United States' 157th largest goods trading partner with $130 million in total (two way) goods trade during 2008. Goods exports totaled $79 million; Goods imports totaled $52 million.

Zambia is eligible for trade benefits under the African Growth and Opportunity Act (AGOA).  In 2008 U.S. imports from Zambia under AGOA and the Generalized System of Preferences were valued at over $10.9 million and primarily included articles of copper.

Exports

Zambia was the United States' 152nd largest goods export market in 2008.

U.S. goods exports to Zambia in 2008 were $79 million, up 13.4% ($9 million) from 2007.

The top export categories (2-digit HS) in 2008 were: Machinery ($24 million), Electrical Machinery ($9 million), Special Other (donations and low value shipments) ($8 million), Aircraft ($8 million), and Vehicles ($6 million).

U.S. exports of agricultural products to Zambia totaled $4 million in 2008.

Imports

Zambia was the United States' 141st largest supplier of goods imports in 2008.

U.S. goods imports from Zambia totaled $52 million in 2008, a 5.5% increase ($3 million) from 2007.

The five largest import categories in 2008 were: Other Base Metals (cobalt) ($35 million), Copper ($11 million), Precious Stones (emeralds) ($4 million), Spices, Coffee and Teas (coffee) ($714 thousand), and Sugars ($223 thousand).

U.S. imports of agricultural products from Zambia totaled $1 million in 2008.

Trade Capacity Building (TCB) Assistance:

Zambia received over $3.09 million in TCB assistance from the United States in 2008.  The funding was predominately administered through the Millenium Challenge Corporation (MCC) and focused on governance, trade and customs facilitation, financial sector development, physical infrastructure, and trade related agriculture programs.  Funding through the MCC was part of a two-year $22.7 million Threshold Program signed with the government of Zambia, aimed at reducing corruption and improving government effectiveness.

Investment

U.S. foreign direct investment (FDI) in Zambia (stock) was $77 million in 2007 (latest data available), up 4.1% from 2006.